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The concept of globalization refers to the growing interdependence of countries, resulting from the increasing integration of trade, finance, investments, labor markets and ideas in one globalmarketplace. The most important elements of this process are the international trade and the...
Persistent link: https://www.econbiz.de/10011992014
Economic integration implemented at regional and sub-regional levels seems to be the key to a fairer globalization, and ultimately aids in taking a broader approach to trade liberalization. A wider range of economic and social policies are needed in free trade agreement communities because they...
Persistent link: https://www.econbiz.de/10014057612
The paper examines the trend and composition of agricultural trade between Indian and Pakistan and identifies opportunities for increasing bilateral trade. It examines the bilateral agriculture trade before and after the implementation of SAFTA. The study also analyses the comparative advantage...
Persistent link: https://www.econbiz.de/10010412153
Economic integration in South Asia is governed by India's relations with the other economies of the region and it is also at the helm of all trade facilitation and transit issues of the region. Concessions given by India under SAFTA for LDCs have greatly benefitted Bangladesh and concessions to...
Persistent link: https://www.econbiz.de/10009685731
Whether international economic integration arrangements result in more liberal trade at the multilateral level cannot be proven with ease. Integration may start this process, but it may also reverse it. New mega-integration deals: the Trans-Pacific Partnership, Regional Comprehensive Economic...
Persistent link: https://www.econbiz.de/10013027067
Purpose: The aim of the paper is to evaluate the impact of CEFTA on exports and economic growth and development of its members. Regionalism is attractive to states and especially to developing countries, since they enhance their reliability on reforms to foreign investors and they raise their...
Persistent link: https://www.econbiz.de/10012485854
While the renegotiation of the North American Free Trade Agreement has received far more attention, a lesser-known U.S. trade deal has also been reworked. In April of 2017, President Trump proclaimed his displeasure with the Korea-U.S. Free Trade Agreement (commonly referred to as “KORUS”),...
Persistent link: https://www.econbiz.de/10014102809
This paper explores several mechanisms by which the barriers imposed by rules of origin may be reduced through effective trade facilitation efforts. Also discussed are the functional similarities of a variety of other requirements on international trade with rules of origin, including...
Persistent link: https://www.econbiz.de/10003927375
The nature of South-South international economic relations has changed significantly in recent decades, especially since the early 1990s. In areas such as trade, investment, labor markets, technology, and policy coordination, regional cooperation between countries of the South and pro-market...
Persistent link: https://www.econbiz.de/10009301853
Free trade and customs union agreements are the rage. Hundreds of bilateral and regional free trade agreements have been notified to the World Trade Organization (WTO), which in theory quot;regulatesquot; them under Article XXIV of the General Agreement on Tariffs and Trade (GATT).1 For example,...
Persistent link: https://www.econbiz.de/10012729137